The First Billion is the Hardest

Reflections on a Life of Comebacks and America's Energy Future

De: T. Boone Pickens

Narrado por: Arthur Morey

Now eighty years old, T. Boone Pickens is a legendary figure in the business world. Known as the “Oracle of Oil,” he built Mesa Petroleum, one of the largest independent oil companies in the United States. When Pickens left Mesa after a downward spiral in the company’s profits, many counted him out. What followed for him was the loss of 90 percent of his investing capital. But Pickens was far from out.

He went on to stage one of the most impressive comebacks in the industry, turning his investment fund’s remaining $3 million into $8 billion. That made him, at age seventy-seven, the world’s second-highest-paid hedge fund manager. Today, Pickens is making some of the world’s most colossal energy bets.

In this audiobook, Pickens not only presents a comprehensive plan for American energy independence but also provides a fascinating glimpse into key resources. The First Billion Is the Hardest is both a riveting account of a life spent pulling off improbable triumphs and a report back from the front of the global energy and natural-resource wars.©2008 T. Boone Pickens; (P)2008 Random House Audio

Great book

Great audio book. Easy to listen to. It was very informative and full of life wisdom

Good Bio Book

Any additional comments?

The book represents the biography of T. Boone Pickens from his birth till established his BP Capital Fun & throughout his oil endeavors.

If u are into bis and fin world this is 5 star

Great description of acquisition in his business. How Mr. Pickens grew his company and billions? What is US energy problem? and a lot more is in the book. Loved it a lot.

Great AutoBio. Oil Billionaire for Alternatives.

Would you listen to The First Billion is the Hardest again? Why?

Maybe. If time permits will love to listen again and cement his ideas.

If you could give The First Billion is the Hardest a new subtitle, what would it be?

I think the title is a little misleading because its essentially his autobiography and this thoughts and suggestions about resolving US dependence on foreign oil. I would subtitle it something like "Mr Pickens, Texan oil magnate picks alternatives over oil, how about you" !

Any additional comments?

Mr Pickens is a Texan Oil billionaire now in his 80's. He takes the listener through various peaks and troughs of success and failures in his life. I would say the title is a little misleading because it's really about his career as an oil magnate and his thoughts / solutions about Americas energy crisis . He hates US oil dependence on the Mid East and favor's natural gas as a source of transportation fuel which is a lot cleaner and cheaper. He is big on Alternative energy. I particularly liked his 'stay fit and never give up' philosophy. I will have to say this book is a little dated in a way because he predicts oil and gas prices going through the roof but shale turned everything up side down . Oil is now at 40 dollars and gas at 2 dollars so he clearly missed this scenario . Heard a couple of weeks back on Bloomberg and he think natural gas is not a good buy even at 2 since there is a ton of it out there but he is bullish on oil since he thinks this low 40 dollar price is not sustainable for profit, sellers will cut production leading to price movement . I think sometimes he didn't follow chronology ( a bit of back and forth ) which is not a problem if one is attentive . Also some of his success in messa and eventual exit I would have liked to hear more figures behind that . Last, he skipped completely on the reasons for divorce so left me wondering about that . All in all its a great read because this book inspires positive thoughts and gives a ton of valuable information densely packed. Wish you a good read !

Excelent

Thank you Mr. Boone for sharing your experiences with us. May God bless your family.